NEW YORK CITY — Commercial real estate advisory firm Newmark Knight Frank (NKF) has expanded its seniors housing team, hiring Heidi Brunet and Lisa Lautner as executive managing directors.
Capital sources continue to put money into seniors housing, but have strengthened underwriting and encourage developers/operators to be more conservative on their assumptions.
COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.
INDIAN ISLAND, Maine — Hunt Capital Partners has funded $2.1 million in federal low-income housing tax credit (LIHTC) equity financing for the construction of Penobscot Elder Homes.
NORFOLK, Va. — HJ Sims has arranged $201.1 million in financing for the construction of a new residential tower at Harbor’s Edge, a continuing care retirement community in Norfolk.
